OFF-GRID ENERGY ACCESS FUND
The Facility for Energy Inclusion’s Off-Grid Energy Access Fund (OGEF) has been structured by Lion’s Head in partnership with the African Development Bank and Nordic Development Fund. OGEF offers a flexible, pragmatic and context driven approach to transaction structuring, provides local currency options to reduce risk for borrowers and their customers, and help create lasting local capital markets participation in the sector. As with the ALCBF, OGEF also provides technical assistance to companies to support market development. OGEF, with a target size of $100-150m, raised $58m at first close in August 2018, and is now actively investing.